Cheap Apartments for Rent in the Willow Lakes Estates Neighborhood of Elgin, IL from $800 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Willow Lakes Estates area of Elgin.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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River West Commons
Studio to 2 Bedroom Apartments

River West Commons

719 W Highland AveElgin, IL 60123
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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1350 Getzelman Dr
1 Bedroom Apartments

1350 Getzelman Dr

1350 Getzelman DrElgin, IL 60123
  • Utilities Included
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114 N Spring St
2 Bedroom Apartments

114 N Spring St

114 N Spring StElgin, IL 60120
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1289 Abbott Dr
1 to 2 Bedroom Apartments

1289 Abbott Dr

1289 Abbott DrElgin, IL 60123
  • Utilities Included
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Roseanne Apartments
Studio to 2 Bedroom Apartments

Roseanne Apartments

401 E Chicago StElgin, IL 60120
  • Utilities Included
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278 Douglas Ave
1 Bedroom Apartments

278 Douglas Ave

278 Douglas AveElgin, IL 60120

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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269 Douglas Ave
1 Bedroom Apartments

269 Douglas Ave

269 Douglas AveElgin, IL 60120
property at 65 N Aldine St

$1,499

Total Monthly Price

Total Monthly Price

Base Rent
$1,499

Total Monthly Price
$1,499

2 Bedroom, 1 Bath Condo for Rent

Available Now

65 N Aldine St, Unit 2

65 N Aldine St
ElginIL60123
property at 119 Tennyson Ct

$1,500 - $1,550

1 To 2 Bedroom Rentals

Available Now

119 Tennyson Ct

ElginIL60120
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Elgin Tower Lofts
1 to 2 Bedroom Apartments

Elgin Tower Lofts

100 E Chicago StElgin, IL 60120
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WC Kimball
2 Bedroom Apartments

WC Kimball

52 N Crystal AveElgin, IL 60123

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Willow Lakes Estates, Elgin, IL Local Guide

Cheapest Available Willow Lakes Estates Apartments for Rent

 

The cheapest available apartment rental in the Willow Lakes Estates area of Chicago, IL is a 1 Bed unit found at Blackhawk Apartment Homes priced from $1,510. Wing Park Residence has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,550. Here are the most affordable Willow Lakes Estates apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Blackhawk Apartment HomesOne Bedroom - 723 sqft1BR,1BA$1,510
Wing Park Residencewp-1bs1BR,1BA$1,550
Fountain Square2 Bed/ 2 Bath2BR,2BA$2,200
1900 at Canterfield Apartment HomesB4- Upper2BR,2BA$2,327

Best Value Apartments for Rent in Willow Lakes Estates, IL

As of May 31, 2026 the best value apartment in the Willow Lakes Estates area is the $2.00 price per square foot 2 Bed/ 2 Bath/ Den Model at Fountain Square in the in the College Green neighborhood starting from $2,600. The second greatest value Willow Lakes Estates apartment is the B4- Upper Model at 1900 at Canterfield Apartment Homes starting at $2,327 with a $1.96 price per square foot in the Sandy Creek Estates neighborhood. Here is today’s list of the best values for Willow Lakes Estates apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fountain Square2 Bed/ 2 Bath/ Den2BR,2.5BA$2.00
1900 at Canterfield Apartment HomesB4- Upper2BR,2BA$1.96
Wing Park Residencewp-1bs1BR,1BA$2.14
Blackhawk Apartment HomesOne Bedroom - 723 sqft1BR,1BA$2.11

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Willow Lakes Estates, Elgin, IL

Ranked #3

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Elgin. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Willow Lakes Estates Apartments

How much is rent for a Cheap One Bedroom Willow Lakes Estates Apartment?

The lowest price for a Cheap One Bedroom Willow Lakes Estates Apartment is $1,510 at Blackhawk Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Willow Lakes Estates Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Willow Lakes Estates is starting from $1,530 at Blackhawk Apartment Homes.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.